Word: malayas
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...smaller and the country's potential market bigger than it had calculated. Already losing 10% to 30% of the value of the bartered rice, Burma decided to lower slightly the prices on the rest of the crop. It found itself besieged by cash customers: India, Indonesia, Pakistan, Malaya. Now Burma faces a frustrating problem: there is not enough exportable rice to supply cash customers and at the same time fulfill barter obligations (600,000 tons a year) to the Iron Curtain countries. Burma has already mortgaged some of its 1957 crop to meet 1956 commitments. Worst...
...Nehru speaks for all Asia. This is manifest nonsense. Nehru does not speak for Mao's China, for Japan, for the Philippines, for Formosa, for Korea, for Thailand, for North or South Viet Nam, for Afghanistan, for Pakistan. His influence is principally felt in Ceylon, Burma, Laos, Cambodia, Malaya and Indonesia...
...army has had to fend for itself, living haphazardly on inadequate special appropriations because no government has lasted long enough in office to get a budget through Parliament. Army forces in north Sumatra found smuggling a practical solution to the budget gap. Rubber smuggling is big business: last year Malaya officially bought five times as much rubber from Indonesia as Indonesia officially exported. It was also profitable: the army acknowledged having earned...
...developed land to settlers, who will farm it while Territory Rice acts as agent for the rice crop, mills and ships it to markets. With only a token 25?-per-acre maximum rental, Chase estimates that Territory Rice will be able to deliver rice to Asian markets from Malaya to Japan for as little as 2? per Ib. v. current world prices...
...mill and ship rice for anything like that price, also point out that there is no world rice shortage; many rice-exporting nations have actually had surpluses since 1954. Nevertheless, Chase & Co. are convinced that there is an enormous, untapped market for rice in such lands as India, Ceylon, Malaya, Borneo, Indonesia, Japan, even China. While there may be a technical surplus, shipping costs from many exporting nations are so high that millions of consumers all over Asia cannot afford all the rice they need and should have. Thus, by growing rice in Australia, close to the markets, Chase hopes...